Human Resources function is the most misunderstood and underserved function across Organizations today. There are many myths around this;
| Organizations |
Myth |
Gap |
Challenges |
| Early stage with Headcount≤ 45 |
HR is avoidable |
Is crucial, Team building to setting foundation on Goal setting to Performance management |
Building Teams, staying focused at short term goals without losing sight of the long term goals |
| Growth stage Start-up with headcount ≤100 |
HR is part of Administrative function |
Administration of HR function is only transactional part of Human Capital, to realize more value, one needs to look at a Transformational HR |
Managing the churn and creating sufficient traction and motivating the team |
| Next stage Organization with headcount ≤ 500 |
HR is to manage operations |
Value creation is independent of scale |
Sustaining growth, measuring performance and surging ahead |
| With Headcount ≤ 3000 |
HR is to manage scale |
HR is the Brand Manager for the Organization, should be aligning to business |
Business enabler, instills strong Branding among the work force |
| With headcount ≤ 10000 |
HR is to manage bench |
Resource Management is just not about skill matrix, Global Work force |
Creative business-ability, measuring Leadership and sustaining ownership across levels |
| With headcount ≥ 10001 |
HR is to manage attrition |
Problem of plenty, lack of entrepreneurial approach |
Building and sustaining innovation, quickly responding to changing trends |
Most Organizations are bent towards western HR concepts, which have been hugely successful in managing western work force most effectively. While there are good lessons for us, Indian diversity and social grounding gives different flavor to the way human capital responds to different situations in India. They need to be understood, interpreted and responded distinctly and uniquely. These challenge the talents across Human resources functions to brace up and quickly
It's not about which alumni one represents but how do they approach a given situation. We should talk.
Best practices are not what is best in West but most needed within.
